Cramer's 'Mad Money Recap': Woodward Governor's Big Wind Power Play

He also noted that Fortune's strategy is to invest in and grow its current brands, rather than purchase new brands. "Our company's best returns always come from organic growth," he said.

Finally, Carbonari discussed Fortune's exposure to the golf business. He said golf is growing both domestically and internationally and his company is positioned to grow with it.

Cramer agreed with his comments and recommended the stock on any positive news from the housing market.

Am I Diversified?

Cramer talked with callers to see if their portfolios have what it takes. The first caller's portfolio included Honeywell (HON Quote), Covanta (CVA Quote), Temple-Inland (TIN Quote), Schering-Plough (SGP Quote) and Coeur d'Alene Mines (CDE Quote).

Cramer blessed this portfolio as diversified.

The second caller's top holdings included Procter-Gamble (PG Quote), Johnson & Johnson (JNJ Quote), Time Warner (TWX Quote), Cummins (CMI Quote) and Clorox (CLX Quote).

Cramer identified two of a kind with Clorox and Proctor. He suggested selling Johnson and Time Warner and picking up General Dynamics (GD Quote) and Apple (AAPL Quote).

The final caller's portfolio had AT&T (T Quote), Bank of America (BAC Quote), Transocean (RIG Quote), Corning (GLW Quote) and Disney (DIS Quote) as his top stocks.

Cramer liked JP Morgan (JPM Quote) more than Bank of America, but called the portfolio "well played."

Mad Mail

In this segment, Cramer told a viewer that GTX Corp (GTXI Quote) is a speculative stock and he'd be careful.

A second viewer asked about Conceptus (CPTS Quote), but Cramer said to stay far away from that one.

A third viewer asked about American Superconductor (AMSC Quote). Cramer said that he has many favorite wind stocks, but won't recommend American Superconductor.

Finally, Cramer told a viewer that he's still negative on Garmin (GRMN Quote) since most of the company's businesses are not doing well at the moment.

Sudden Death

Cramer was bullish on Spirit AeroSystems Holdings (SPR Quote), ALCOA (AA Quote), Precision Castparts (PCP Quote), Honeywell (HON Quote) and Diamond Offshore (DO Quote).

Lightning Round

Cramer was bullish on First Solar (FSLR Quote), Apache (APA Quote), Devon Energy (DVN Quote), Bristol-Myers Squibb (BMY Quote), HJ Heinz (HNZ Quote), Caterpillar (CAT Quote), DuPont (DD Quote) and Goldman Sachs (GS Quote).

Cramer was bearish on ingli Green Energy (YGE Quote), Nextwave Wireless (WAVE Quote), Clearwire (CLWR Quote), RAM Energy Resources (RAME Quote), Electronic Data Systems (EDS Quote) and Hershey Foods (HSY Quote).

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Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in Action Alerts Plus. Recent stocks he's traded in this account include Schering-Plough(SPG Quote), Yamana Gold(AUY Quote) and Inverness Medical(IMA Quote).

Want more Cramer? Check out Jim's rules and commandments for investing by clicking here.

For more of Cramer's insights during the Lightning Round, click here.